# MRVL funding rates and arbitrage

Updated 2026-10-30 10:37 UTC · https://afterfees.xyz/coin/MRVL

## Best MRVL arbitrage after every cost

No MRVL pair nets a profit at this size right now.

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## MRVL funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [Arcus](https://afterfees.xyz/venues/arcus) | MRVL-USD | 0.0086% | 1 h | +75.0% | +19.2% | $93.1K | 2026-10-30 11:00 |
| [Nado](https://afterfees.xyz/venues/nado) | MRVL-PERP_USDT0 | 0.0062% | 1 h | +54.5% | — | $253.6K | 2026-10-30 11:00 |
| [Phoenix](https://afterfees.xyz/venues/phoenix) | MRVL | 0.0039% | 1 h | +33.9% | +21.4% | — | 2026-10-30 11:00 |
| [Crypto.com](https://afterfees.xyz/venues/cryptocom) | MRVLUSD-PERP | 0.0035% | 1 h | +30.3% | +18.7% | $14.1K | 2026-10-30 11:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | MRVLUSDTM | 0.0275% | 8 h | +30.1% | −4.2% | $455.1K | 2026-10-30 16:00 |
| [Paradex](https://afterfees.xyz/venues/paradex) | MRVL-USD-PERP | 0.0115% | 8 h | +12.6% | — | $136 | 2026-10-30 16:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | MRVLUSDT | 0.0101% | 8 h | +11.0% | +1.8% | $4.2M | 2026-10-30 16:00 |
| [ApeX](https://afterfees.xyz/venues/apex) | MRVL-USDT | 0.0013% | 1 h | +10.9% | +10.8% | $4.4K | 2026-10-30 11:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | MRVL-USDC | 0.0013% | 1 h | +10.9% | — | $34.3K | 2026-10-30 11:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | NCSKMRVL2USD-USDT | 0.0093% | 8 h | +10.2% | +8.3% | $938.7K | 2026-10-30 16:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | xyz:MRVL | 0.0007% | 1 h | +6.1% | +6.7% | $10.3M | 2026-10-30 11:00 |
| [Ondo Perps](https://afterfees.xyz/venues/ondo) | MRVL-USD.P | 0.0006% | 1 h | +5.5% | — | $742.9K | 2026-10-30 11:00 |
| [QFEX](https://afterfees.xyz/venues/qfex) | MRVL-USD | 0.0005% | 1 h | +4.6% | — | $1.4M | 2026-10-30 11:00 |
| [Lighter](https://afterfees.xyz/venues/lighter) | MRVL | 0.0004% | 1 h | +3.5% | +3.8% | $167.8K | 2026-10-30 11:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | MRVLUSDT | 0.0026% | 8 h | +2.9% | +2.2% | — | 2026-10-30 16:00 |
| [OKX](https://afterfees.xyz/venues/okx) | MRVL-USDT-SWAP | 0.0022% | 8 h | +2.4% | +2.7% | $6.1M | 2026-10-30 16:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | MRVLUSDT | 0.0014% | 8 h | +1.5% | −1.1% | $2.7M | 2026-10-30 16:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | MRVLSTOCK_USDT | 0.0000% | 8 h | 0.0% | +0.7% | $4M | 2026-10-30 16:00 |
| [HTX](https://afterfees.xyz/venues/htx) | MRVL-USDT | 0.0000% | 8 h | 0.0% | +8.2% | $121.4K | 2026-10-30 16:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | MRVLUSDT | 0.0000% | 8 h | 0.0% | — | — | 2026-10-30 16:00 |
| [Aster](https://afterfees.xyz/venues/aster) | MRVLUSDT | 0.0000% | 8 h | 0.0% | +0.1% | $262K | 2026-10-30 16:00 |
| [GRVT](https://afterfees.xyz/venues/grvt) | MRVL_USDT_Perp | 0.0000% | 8 h | 0.0% | +1.7% | $869 | 2026-10-30 16:00 |
| [Variational](https://afterfees.xyz/venues/variational) | MRVL-PERP | 0.0000% | 8 h | 0.0% | — | $422.4K | 2026-10-30 16:00 |
| [Binance](https://afterfees.xyz/venues/binance) | MRVLUSDT | 0.0000% | 8 h | 0.0% | +0.7% | $21.2M | 2026-10-30 16:00 |
| [Gate](https://afterfees.xyz/venues/gate) | MRVL_USDT | 0.0000% | 8 h | 0.0% | +2.4% | $1.8M | 2026-10-30 16:00 |
| [Extended](https://afterfees.xyz/venues/extended) | MRVL-USD | 0.0000% | 1 h | 0.0% | +2.4% | $29.6K | 2026-10-30 11:00 |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | MRVL_PERP | -0.0100% | 8 h | −10.9% | −1.7% | $5M | 2026-10-30 16:00 |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_MRVLUSD | -0.0028% | 1 h | −24.4% | +71.0% | $40.1K | 2026-10-30 11:00 |

## Cost to enter $10,000 of MRVL

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Lighter | MRVL | 1.2 bp | top of book only |
| Extended | MRVL-USD | 1.7 bp | top of book only |
| Variational | MRVL-PERP | 2.8 bp | top of book only |
| Hyperliquid | xyz:MRVL | 3.4 bp | top of book only |
| Bybit | MRVLUSDT | 3.5 bp | top of book only |
| Aster | MRVLUSDT | 4.4 bp | top of book only |
| MEXC | MRVLSTOCK_USDT | 4.5 bp | top of book only |
| BingX | NCSKMRVL2USD-USDT | 5.2 bp | top of book only |
| Paradex | MRVL-USD-PERP | 5.9 bp | top of book only |
| Binance | MRVLUSDT | 6.0 bp * | top of book only |
| OKX | MRVL-USDT-SWAP | 6.0 bp * | top of book only |
| GRVT | MRVL_USDT_Perp | 6.2 bp | top of book only |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account._

## Questions

**Is MRVL funding-rate arbitrage profitable right now?**

Not at $10,000 per side for 7 days: no MRVL pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.

**Which exchange has the highest MRVL funding rate?**

Arcus at +75.0% a year (0.0086% every 1 h); the lowest is Kraken at −24.4%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

_The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you._